National Health Investors (NHI) Reports In-Line Q1 EPS

National Health Investors (NYSE: NHI) reported Q1 EPS of $0.92, in-line with the analyst estimate of $0.92. Revenue for the quarter came in at $72.75 million versus the consensus estimate of $72.59 million.

Q1 2018 Highlights

• Announced or completed $98.2 million in real estate acquisitions and loans year-to-date
• Maintained low leverage balance sheet at 4.3x net debt-to-annualized adjusted EBITDA
• Portfolio lease coverage remains strong at 1.66x
• GAAP net income of $.92 per diluted common share for the first quarter
• Normalized FFO up 8.0% over first quarter 2017
• Normalized AFFO up 8.0% over first quarter 2017

GUIDANCE:

National Health Investors sees FY2018 EPS of $3.79-$3.83.

For earnings history and earnings-related data on National Health Investors (NHI) click here.

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